525 Ne 3rd Ave, Delray Beach
Palm Beach County Real Estate - Delray Beach
Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.
The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.
There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
Delray Beach links:
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
Address | Type | Sq Ft | Class | |
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520 Ne 3rd Ave | Single Family | 1,788 | B | |
524 Ne 3rd Ave | Single Family | 1,118 | B | |
Ne 5th Ter | Single Family | 2,025 | B | |
543 Ne 3rd Ave | Single Family | 1,109 | B | |
506 Ne 5th Ave | Store, one story | 1,606 | B | |
511 Ne 3rd Ave | Vacant Residential | 0 | L | |
522 Ne 5th Ave | Office building, non-professional service building, one story | 1,040 | B | |
238 Ne 5th Ter | Multi-family - less than 10 units | 1,428 | B | |
534 Ne 5th Ave | Professional service building | 1,254 | B | |
514 Ne 3rd Ave | Vacant Residential | 0 | L | |
601 Ne 3rd Ave | Single Family | 1,570 | B | |
504 Ne 5th Ave | Office building, non-professional service building, one story | 2,493 | B | |
234 Ne 5th Ter | Multi-family - less than 10 units | 1,694 | B | |
229 Ne 5th Ct | Single Family | 916 | B | |
500 Ne 5th Ave | Mixed use - store and office or store and residential or residential combination | 3,787 | B | |
505 Ne 3rd Ave | Multi-family - less than 10 units | 1,815 | B | |
550 Ne 5th Ave | Store, one story | 2,632 | B | |
605 Ne 3rd Ave | Multi-family - less than 10 units | 1,666 | B | |
230 Ne 5th Ter | Multi-family - less than 10 units | 1,382 | B | |
466 Ne 5th Ave | Store, one story | 1,359 | B | |
230 Ne 5th Ct | Single Family | 1,427 | B | |
225 Ne 5th Ct | Single Family | 1,542 | B | |
250 Royal Ct | Office building, non-professional service building, multi-story | 3,004 | B | |
609 Ne 3rd Ave | Single Family | 1,444 | B | |
460 Ne 5th Ave | Store, one story | 2,850 | B | |
226 Ne 5th Ct | Multi-family - less than 10 units | 1,400 | B | |
226 Ne 5th Ter | Multi-family - less than 10 units | 1,395 | B | |
223 Ne 5th Ct | Multi-family - less than 10 units | 966 | B | |
417 Ne 3rd Ave | Multi-family - less than 10 units | 2,327 | B | |
613 Ne 3rd Ave | Multi-family - less than 10 units | 1,716 | B | |
440 Ne 5th Ave | Store, one story | 3,128 | B | |
218 Ne 5th Ter | Multi-family - less than 10 units | 1,371 | B | |
217 Ne 5th Ct | Multi-family - less than 10 units | 1,418 | B | |
630 Ne 5th Ave | Auto sales, auto repair and storage or auto service shop | 1,288 | B | |
218 Ne 5th Ct | Vacant Residential | 2,280 | L | |
225 Ne 5th St | Single Family | 1,824 | B | |
617 Ne 3rd Ave | Multi-family - less than 10 units | 1,704 | B | |
411 Ne 3rd Ave | Multi-family - less than 10 units | 1,468 | B | |
555 Ne 5th Ave | Supermarket | 28,020 | B | |
225 Royal Ct | Single Family | 2,360 | B | |
231 Royal Ct | Multi-family - less than 10 units | 2,181 | B | |
216 Ne 5th Ter | Single Family | 1,081 | B |
Local Household Income
The median household income in this part of Florida is $63,276. The bottom 10% of the population earn less than $20,292 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $628,408 per year. Most renters earn between $32,220 (20th percentile) and $62,628 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,552 and $158,190.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,216. Most renters earn between $2,685 and $5,219 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $865 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 6%.
Nearby Companies
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